Tag: Indian Billet and DRI offers

Cautious buying keeps market activity subdued Absence of fresh bookings weighs on trade volumes India’s induction furnace (IF) steel prices remained weak across regions on 18 December. Sponge iron offers varied in the range of INR 100-300/t d-o-d, increasing by INR 300/t in Hyderabad where prices settled at INR 24,700/t. Meanwhile, prices fell in Raipur…